BSV Intel the signal, daily
Edition 188
Tuesday · September 8, 2026
BSV Network · 24 hours ending September 8, 09:11 UTC

Edition 188

Edited by Bridget Doran · Scanned 09:32 UTC, September 8 · Blocks 965,697 → 965,840 · 2,902,653 transactions
Largest move
$1.27M
75,178 BSV · whale tier
Avg block time
10min
near schedule
Throughput
34tx/s
peak 682 tx/s
BSV price
$16.85
▼ 0.3% · 24h
№ 01 Chain Health

9 pools, on schedule

9 pools produced today's 144 blocks at an average interval of 10 min — on schedule relative to the 10-minute target.

6.2 min
Median interval
half the blocks faster
62
Fast blocks1
under 5 min
408,199 txs
Busiest block
block 965,732
Fast and slow blocks are an expected feature of Proof of Work, not a defect. Block timing follows a Poisson process (random spacing around a steady average), so clusters of fast or slow blocks happen even when hashrate is unchanged.
Block cadence · 144 blocks · 23.6h
Fast (<5 min) · 62 Normal · 62 Slow (>20 min) · 20
For the technical reader

Block timing. Mean interval 597.4 seconds (10 min) over 142 measured intervals across 144 blocks; median 373 seconds (6.2 min). Range 1 s to 2787 s (46.5 min). One sub-3-second interval observed.

Cadence. Average interval 10 min — on schedule relative to the 10-minute target. 9 pools produced today's blocks.

Largest block. Block 965,732 at 408,199 transactions, the peak load in the window. Avg tx/block across all 144 blocks was 20,157.

№ 02 Teranode Network

6 Teranode operators visible on the public network

At least 6 operators are announcing on the public gossip network (2 acting as public relays), running versions from v0.15.6 to v0.16.0-beta-11. This is the publicly-visible set only; others almost certainly run Teranode without announcing.

6
Visible
announcing on mesh
2
Public relays
accept external tx
6
Caught up → tip
synced to latest block
Versions in use · 6 operators
v0.15.6 2 · v0.15.8-beta-2 3 · v0.16.0-beta-11 1
For the technical reader

Source: node_status messages on the public BSV gossip layer, observed by our own libp2p listener and deduplicated by peer ID. This counts the publicly-announcing set only — a node that does not broadcast status, or runs inside a private cluster, will not appear, so read it as a floor, not a full census.

“Caught up” means within one block of the chain tip (currently 965,851). Stalled or still-syncing nodes are excluded from that count. “Public relay” here means a node that publicly forwards gossip to the rest of the mesh; only two do, and both announce under the same operator label and share infrastructure, so the public mesh’s reachability appears to lean on a single operator.

№ 03 Mining Distribution

9 pools produced today's 144 blocks

Mining-Dutch led at 20.1%. Distribution within normal range.

Mining-Dutch 20.1%
qdlnk 17.4%
SA100 13.2%
GorillaPool 12.5%
CUVVE 11.8%
Kryptex 10.4%
taal.com 8.3%
Bitofsin 4.9%
molepool.com 1.4%
For the technical reader

Pool identification is by coinbase signature; pools that don't sign or use unrecognized tags appear as untagged producers. The _Teranode suffix (e.g., taal.com_Teranode) marks blocks attributed to a pool running the Teranode node software — based on observable signals in the block data, not a formal protocol marker. GorillaPool.io may also be running a Teranode (observed in the Teranode explorer); when blocks become attributable to that node, they would appear with the suffix as well.

Block counts: Mining-Dutch 29, qdlnk 25, SA100 19, GorillaPool 18, CUVVE 17, Kryptex 15, taal.com 12, Bitofsin 7, molepool.com 2. 144 of 144 blocks identified.

№ 04 Capital Flow

121 movements crossed the chain

2 of them moved more than 10,000 BSV, a combined ~$1.5 million at today's price.

2
Major
> 10K BSV
~$168,500+
14
Notable
1K – 10K BSV
~$16,850 – 168,500
105
Significant
100 – 1K BSV
~$1,685 – 16,850
Top movements
75,178.45BSV
≈ $1,266,757 55f19f78ae…
2 → 2 Neutral
16,242.65BSV
≈ $273,689 403db74634…
1 → 2 Neutral
9,793.19BSV
≈ $165,015 fb0747cf39…
1 → 2 Neutral
5,617.92BSV
≈ $94,662 dc9a6139d5…
1 → 2 Neutral
For the technical reader

Tier thresholds. Major > 10K BSV; Notable 1K – 10K BSV; Significant 100 – 1K BSV. Counts are unique transactions in the 24-hour window moving value within these bands; the 100-BSV floor excludes ordinary day-to-day payments.

Shape is input-count → output-count. Pattern is heuristic:

Neutral: typical payment shape (1→2 or 2→2, one payment + change).
Consolidation: many inputs, few outputs (UTXO cleanup or sweep).
Distribution: few inputs, many outputs (payouts, faucet, batch send).

№ 05 Address Intelligence

68 tracked addresses across 191 days

8 new addresses on the radar today. (what does this mean?)

New to the radar
1QDHQ4DZ4a4UG58Y8p… 75,178 BSV First appearance
1HjJerYcBTDhMyTC8Y… 16,243 BSV First appearance
1GqWVB6BEiWgyPCtkZ… 9,793 BSV First appearance
Recurring addresses
Address Behavior Confidence Active
7,838,427 BSV · 382 txs
Exchange-Like High 03-04 → 09-08
5,113,430 BSV · 164 txs
Exchange-Like High 03-02 → 09-08
2,775,220 BSV · 133 txs
Exchange-Like High 03-02 → 08-19
813,873 BSV · 109 txs
Active Entity High 04-13 → 09-01
16,796,987 BSV · 108 txs
Exchange-Like High 03-08 → 09-08
How to read this

New to the radar flags addresses from today's top whale movements that have not appeared in any whale-tier transaction during the observation window. This could indicate a new large holder, a previously sub-threshold address crossing into whale territory, or a long-dormant address reactivating.

Recurring addresses are identified by tracking output scripts across all whale transactions (≥ 100 BSV) over the full 191-day observation window. An address appearing here has been involved in large-value movements on multiple separate days.

Behavior is based on whether an address predominantly receives (Accumulator), predominantly sends (Distributor), or does both in roughly equal measure (Exchange-Like).

Confidence reflects how many indicators align: transaction frequency, directional balance, and tier presence. High = 3+ indicators; Medium = 2; Low = 1.

All classifications are probabilistic. No identity or ownership claims are made. Addresses are derived from transaction output scripts.

№ 06 Throughput & Market
BSV / USD
$16.85
▼ 0.3% over 24h
Throughput, avg
34tx/s
peak 682 tx/s · 10-min window
Avg tx / block20,157
Max tx / block408,199
Total transactions2,902,653
10-min peak408,988
For the technical reader

TPS is computed over the 23.6 hours of the scan window in 10-minute intervals, not per block. The peak is the busiest 10-minute window observed (408,988 transactions, ≈ 682 tx/s for that window).

Price source: real-time quote at scan completion. 24h change is from a rolling 24-hour spot reference.

№ 07 Transaction Velocity

Activity by hour, across 26 hours

2,902,653 transactions mapped to 10-minute windows. The brightest cell is the busiest window of the day.

09121518210003060910:00:10:20:30:40:5009:00 UTC — 0 txs09:10 UTC — 0 txs09:20 UTC — 0 txs09:30 UTC — 4,952 txs09:40 UTC — 0 txs09:50 UTC — 1,281 txs10:00 UTC — 24 txs10:10 UTC — 0 txs10:20 UTC — 3,519 txs10:30 UTC — 2,410 txs10:40 UTC — 0 txs10:50 UTC — 2,389 txs11:00 UTC — 11 txs11:10 UTC — 0 txs11:20 UTC — 0 txs11:30 UTC — 164,139 txs164k11:40 UTC — 10 txs11:50 UTC — 15 txs12:00 UTC — 0 txs12:10 UTC — 352,768 txs353k12:20 UTC — 83,840 txs12:30 UTC — 0 txs12:40 UTC — 211,801 txs212k12:50 UTC — 0 txs13:00 UTC — 220,289 txs220k13:10 UTC — 2,876 txs13:20 UTC — 0 txs13:30 UTC — 7,476 txs13:40 UTC — 0 txs13:50 UTC — 2,999 txs14:00 UTC — 3,079 txs14:10 UTC — 0 txs14:20 UTC — 5,231 txs14:30 UTC — 2,982 txs14:40 UTC — 822 txs14:50 UTC — 0 txs15:00 UTC — 0 txs15:10 UTC — 0 txs15:20 UTC — 6,126 txs15:30 UTC — 694 txs15:40 UTC — 0 txs15:50 UTC — 0 txs16:00 UTC — 0 txs16:10 UTC — 0 txs16:20 UTC — 408,988 txs409k16:30 UTC — 90,283 txs16:40 UTC — 9,058 txs16:50 UTC — 2,545 txs17:00 UTC — 0 txs17:10 UTC — 1,995 txs17:20 UTC — 61,331 txs17:30 UTC — 132,333 txs17:40 UTC — 121,940 txs17:50 UTC — 0 txs18:00 UTC — 0 txs18:10 UTC — 283,975 txs284k18:20 UTC — 0 txs18:30 UTC — 9,111 txs18:40 UTC — 3,409 txs18:50 UTC — 0 txs19:00 UTC — 79,384 txs19:10 UTC — 0 txs19:20 UTC — 0 txs19:30 UTC — 0 txs19:40 UTC — 20,212 txs19:50 UTC — 11,926 txs20:00 UTC — 0 txs20:10 UTC — 3,804 txs20:20 UTC — 32,472 txs20:30 UTC — 0 txs20:40 UTC — 0 txs20:50 UTC — 314,917 txs315k21:00 UTC — 0 txs21:10 UTC — 159,077 txs21:20 UTC — 817 txs21:30 UTC — 1,491 txs21:40 UTC — 223 txs21:50 UTC — 1,727 txs22:00 UTC — 0 txs22:10 UTC — 0 txs22:20 UTC — 0 txs22:30 UTC — 58 txs22:40 UTC — 4,717 txs22:50 UTC — 0 txs23:00 UTC — 0 txs23:10 UTC — 2,111 txs23:20 UTC — 1,042 txs23:30 UTC — 0 txs23:40 UTC — 28 txs23:50 UTC — 5,150 txs00:00 UTC — 1,243 txs00:10 UTC — 18,212 txs00:20 UTC — 13 txs00:30 UTC — 0 txs00:40 UTC — 0 txs00:50 UTC — 0 txs01:00 UTC — 13,528 txs01:10 UTC — 778 txs01:20 UTC — 0 txs01:30 UTC — 0 txs01:40 UTC — 2,139 txs01:50 UTC — 0 txs02:00 UTC — 1,867 txs02:10 UTC — 0 txs02:20 UTC — 2,098 txs02:30 UTC — 12 txs02:40 UTC — 1,874 txs02:50 UTC — 532 txs03:00 UTC — 0 txs03:10 UTC — 33 txs03:20 UTC — 0 txs03:30 UTC — 1,745 txs03:40 UTC — 90 txs03:50 UTC — 274 txs04:00 UTC — 345 txs04:10 UTC — 0 txs04:20 UTC — 555 txs04:30 UTC — 169 txs04:40 UTC — 0 txs04:50 UTC — 0 txs05:00 UTC — 0 txs05:10 UTC — 1,151 txs05:20 UTC — 215 txs05:30 UTC — 0 txs05:40 UTC — 32 txs05:50 UTC — 1,151 txs06:00 UTC — 853 txs06:10 UTC — 176 txs06:20 UTC — 1,157 txs06:30 UTC — 0 txs06:40 UTC — 1,151 txs06:50 UTC — 0 txs07:00 UTC — 1,047 txs07:10 UTC — 1,049 txs07:20 UTC — 319 txs07:30 UTC — 807 txs07:40 UTC — 0 txs07:50 UTC — 0 txs08:00 UTC — 1,403 txs08:10 UTC — 798 txs08:20 UTC — 0 txs08:30 UTC — 0 txs08:40 UTC — 1,488 txs08:50 UTC — 283 txs09:00 UTC — 197 txs09:10 UTC — 12 txs09:20 UTC — 0 txs09:30 UTC — 0 txs09:40 UTC — 0 txs09:50 UTC — 0 txs10:00 UTC — 0 txs10:10 UTC — 0 txs10:20 UTC — 0 txs10:30 UTC — 0 txs10:40 UTC — 0 txs10:50 UTC — 0 txsActivity:High
Peak 10-min window: 408,988 txs Coverage: 144 blocks · 23.6h 09-07 09:38 UTC → 09-08 09:11 UTC
For the technical reader

Dark cells indicate 10-minute windows where no block was mined: a natural result of the Poisson process governing Proof of Work.2 Transactions broadcast during those windows appear in the next mined block.

Each row = one hour of the scan. Each column = a 10-minute bucket within that hour. Read left-to-right within a row, then down to the next hour.

Poisson process. A random event process where events occur independently at a stable average rate, but with unpredictable spacing. Block times have a 10-minute average but individual intervals scatter widely; that's not a bug, it's how the math works.
№ 08 On-chain Activity

6.3 million outputs, by purpose

The TxBlaster service produced 88.9% of transactions, posting paired payment and data-publication outputs continuously. The breakdown below isolates the remaining 11.1% so other activity is readable.

A note on storage. OP_RETURN data is prunable: nodes can discard it without breaking consensus, but reading it back requires running an indexer. UTXO-resident patterns (STAS tokens, spendable metadata, ordinal envelopes) remain in the chain's state and are recoverable from any pruned node. As BSV scales, the architectural direction is toward UTXO-resident data, not OP_RETURN.
All transactions, by source
TxBlaster · 88.9%
11.1%
2,579,542 tx 323,111 tx · all other
Excluding TxBlaster3 · 1,153,977 outputs
Payment 68.4% 789,467
P2PKH 756,932 · P2PK 32,527 · Multisig 8
Data Publication 31.0% 357,904
OP_RETURN 357,562 · Ordinal envelopes 260 · Spendable metadata 82
Contracts & Tokens 0.57% 6,606
STAS Gen 3: 332 · Custom locking: 6,274 · 11 unique structures

Of 364,510 non-payment outputs in this window, 98.1% were prunable (OP_RETURN) and 1.9% were UTXO-resident. Pruning is permitted by consensus today but not generally practiced — the architectural advantage of UTXO-resident data materializes as throughput scales toward Teranode-class capacity.

Method · how non-payment outputs are embedded
OP_RETURN 357,562Spendable metadata 82Ordinal envelope 260STAS Gen 3 332Custom locking 6,274
TxBlaster is an identified, automated service that posts paired P2PK + OP_RETURN transactions continuously. We count it separately not because it's less legitimate (every fee-paid valid transaction is real chain activity), but because at 89% of transaction count today, it would visually overwhelm everything else. The numbers above show what the other activity looks like.
For the technical reader

Purpose classifies outputs by what they're locked to:

Payment: P2PKH, P2PK, multisig (spendable value).
Data Publication: OP_RETURN, ordinal envelopes, spendable metadata (carrying data).
Contracts: STAS tokens, custom locking scripts (programmable spend conditions).

Spendable metadata (heuristic): scripts with signature verification followed by data removed via OP_DROP. Metadata isn't consumed by validation logic but remains on-chain in the UTXO set.

Unique structures: a contract structure is a normalized script skeleton with variable data (hashes, signatures, pubkeys) removed. 11 unique structures observed today across 6,606 contract outputs.

№ 09 Protocols & Content

What people published, and how it was framed

Open standards used to format data on-chain, and the MIME types declared in those publications.

Protocol · open standards defining data format
Metanet4 22,709MAP 3,661B:// 2,476AIP 2,3501Sat-Ordinal 260BSV-21 74STAS 26OPUB 12
Metanet (the original). The 2018-2019 nChain protocol: a 4-byte "meta" push in OP_RETURN that defines a DAG of parent-txid-linked records. Not to be confused with the newer BRC-100 "Metanet" wallet/overlay ecosystem, which uses the same word for a different thing.
Content Type · MIME types in declared inscriptions
text/markdown 1,727text/plain 505image/jpeg 142image/webp 129image/png 90application/bsv-20 74application/json 46image/gif 12
For the technical reader

Content Types are MIME declarations sourced from two structures: ordinal envelopes (1Sat-style spendable inscriptions) and B:// protocol OP_RETURN publications. Outputs that don't declare a MIME type aren't counted here.

application/bsv-20 covers both BSV-20 and BSV-21: both protocols declare "p":"bsv-20" in their JSON and most inscriptions inherit the legacy MIME type. Protocol differentiation happens via JSON fields (tick = BSV-20 ticker mode; sym/id = BSV-21 tickerless mode).

№ 10 Overlay Directory

151 SHIP endpoints · 144 SLAP endpoints

BRC-88 topic registrations announce who is hosting which overlay services on chain.

SHIP · intake side
151endpoints
across 87 topics
SLAP · query side
144endpoints
across 81 topics
Top topic managers · SHIP (of 87)
tm_template 18tm_plite 15tm_uhrp 12tm_users 11tm_identity 10
Top lookup services · SLAP (of 81)
ls_template 17ls_uhrp 11ls_identity 10ls_users 10ls_plite 10
Directory topics tm_ship (27) · tm_slap (27) · ls_ship (25) · ls_slap (25)
For the technical reader

BRC-88 SHIP/SLAP. Topic registrations on chain that announce which overlay services a node hosts. SHIP is the intake side (which topics this node accepts); SLAP is the query side (which topics this node can answer for).

endpoints = unique (URL, identity key) pairs. advertisements = signed unspent UTXOs on chain, each declaring one endpoint hosts one topic. topics = named overlay services like tm_uhrp or ls_ship.

Snapshot from 2026-09-08 11:16 UTC. Counts come from the four trackers hardcoded into the BSV SDK (overlay-us-1, overlay-eu-1, overlay-ap-1, users.bapp.dev). BSV apps query these to find which servers host the overlay topics they need.

№ 11 Identifiable Activity

Applications and tokens with recognizable fingerprints

Teragun led identifiable activity at 150,002 transactions. Most chain activity carries no such identifier; the names below are services whose on-chain shape is recognizable from prior analysis.

Teragun 150,002AIRCHIVE 39,835TreeChat 1,958Twetch 1,382dxs 861OYO 4743D Ordi 224Indelible 129BSV Live Master 26MNEE 16mintBlue 12memo.cash 10CASHEIO 1
Application Token Media / NFT
For the technical reader

Patterns are matched against a curated catalog of known protocols and application signatures: MAP tags, B:// envelopes, AIP, OPUB, ordinal mime declarations, custom STAS structures. Some come from WoC tags; others are identified through analysis. New patterns are added editorially as they emerge.

Counts are unique transactions touching each application's recognizable structures. A transaction can match more than one pattern.

№ 12 Script of the Day

Ordinal Inscription

ORDINAL · selected from 260 candidates

Ordinal Inscription with a 4,261-byte payload

What it does. This script embeds data inside a conditional branch. The OP_FALSE OP_IF block carries the payload (marked "ord"), while the P2PKH suffix enforces signature-based ownership.

Why it matters. Encodes ownership into individual satoshis. Transferable by spending the UTXO.

TX 1ce7364094… Block 965,697 4,261 script bytes
Opcodes used
0IF1ENDIFDUPHASH160EQUALVERIFYCHECKSIG
Script preview
OP_0 OP_IF 6f7264 OP_1 6170706c69636174696f6e2f6a736f6e OP_0 7b2267656e223a2239376433373464633563396262386162663233393766393664373330306233346261616633373462613732636535323934363330343263333632343735303832222c2276223a322c2273223a226a756e676c6543616e6f7079222c2268223a3936353539362c226268223a223030303
Skeleton
OP_0 OP_IF 6f7264 OP_1 <DATA> OP_0 <DATA> OP_ENDIF OP_DUP OP_HASH160 <DATA> OP_EQUALVERIFY OP_CHECKSIG
For the technical reader

Selection is editorial: one script per day from a curated category (Data Carrier, Token Mint, Complex Contract, Hash Puzzle, etc.). Candidate count shows how many similar scripts appeared in the same window.

The script preview above is the actual on-chain ASM (truncated for display); the skeleton normalizes pushes to <DATA> for pattern comparison across transactions. Opcodes shown are the unique ones present in the script, not the sequence order.

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